News

  • Major Updates to Website

    Rusneftegaz can today publish the latest incarnation of our website, which has been radically revised to improve the user experience of the site and offer additional information pertaining to our corporation and its commercial operations. The changes, which have gone live with immediate effect, have resulted in a substantial redesign of each of our webpages in a more minimalist style, primarily to suit a more modern aesthetic. This initiative, which was instigated at the behest of the staff at our international office, should also be a significant upgrade to the mobile edition of the website and the speed at which both it and the main desktop version load. While this is unquestionably a major enhancement over all prior renderings, it must be noted that this has not been at the expense of the content we issue. Hence, none of our preexisting features have been removed to facilitate these improvements, ensuring that all relevant maps, images, and tables have been retained for later use. In fact, this update has yielded a notable amount of new resources being added, mostly related to career opportunities with us and further details regarding our corporate structure. As before, we shall endeavor to provide routine updates via the news section, which maintains an extensive archive of all our affairs over the course of the past decade. We believe that this, in conjunction with all the other materials we have disclosed, actively demonstrates our enduring commitment to trading in an orderly and transparent manner. Following this transformation in our online presence, our Deputy Chief Executive Officer, Aleksandr Filyurin, commented:    

    “As a growing and ambitious company, Rusneftegaz is always looking to hire the best candidates for the job and looking for new partners to work with, so it is always very important to make a good first impression in this business. Using this principle, a good website is very important for a company of our stature. I have been very impressed by the work done by my colleagues in the technology department; they understand these principles in their entirety. What makes it an even greater achievement is that Kuznetsov implemented this himself; he was proactive and did all this work alongside the regular demands of his job. I am very proud of him. It is men like him that make this such a great company.” 

    ​The new site has been designed and built internally by our Director of Information Technology, Mikhail Kuznetsov, who created the previous iteration of this website five years ago. To do this, he utilized the architecture of the earlier rendition to ensure that the modifications only took six weeks to implement from project commencement to completion. Once again, he will bear responsibility for the ongoing management and maintenance of this, and all associated matters, on a permanent basis for the foreseeable future. However, although this modernization has undoubtedly been a considerable improvement to our online identity, we can also simultaneously disclose that we are currently forming plans to work with a third party to develop a new site in the months ahead. Our leadership has been contemplating this proposal for some time, and now believes that it is in our long-term interests to establish a platform that illustrates our continued success. Whilst an announcement as to which firm we have opted to partner with will be forthcoming at the pertinent time, we will work diligently regardless to guarantee that this website remains the best resource available with respect to Rusneftegaz and our activities. Any queries about these amendments, or any other questions referring to our enterprise and its digital media, should be directed via the usual channels if necessary.

  • Production Data for the Fourth Quarter

    Rusneftegaz can announce production results for the fourth quarter of the year as of and for the three months ended 31 December. These were prepared in accordance with all relevant standards but have not been externally audited. The full results are available to review via the associated section of our website:

    Oil and Gas: 

    • The total oil production during the period was 1.450.104 barrels. 
    • The average daily production of oil was 15.762 bpd (barrels per day). 
    • The peak daily production through the month was 16.140 bpd. 

    Electricity:​ 

    • The total amount of electricity produced was 3,89 TWh. 
    • At the end of the reporting period, we maintained a power generation capacity of 1.860 MW. 
    • The installed capacity utilized during the period was 94,7%. 

    The details in this article are current at the date of this report and are believed by Rusneftegaz to be accurate and true. All information is disclosed as a summary and does not purport to be entirely complete. The material published is derived from our internal operational reports, with the data that these documents are reliant upon obtained from sources believed by our management to be reliable. However, our organization cannot wholly guarantee the accuracy or completeness of such information and will not be held liable for any errors that have arisen, nor will any of our employees, directors, officers, agents, partners, subsidiaries, or affiliates.

  • Preliminary 2025 Calendar Published

    Rusneftegaz can confirm that we have issued a full preliminary calendar for the 2025 fiscal year, with the most significant event set to be the disclosure of our consolidated financial statements on 1 April. This shall occur three days before our annual general meeting, where our executive leadership will convene with our key stakeholders to discuss the economic prospects for our corporation and approve any strategic decisions that may be implemented over the duration of the next year. Nonetheless, it should be noted that the board may also opt to host an extraordinary general meeting in the spring or summer following the completion of the review of our business structure, which was disclosed by our management at the end of September. If this were to happen, all prospective attendees would be notified accordingly at least sixty days prior to enable proxy or absentee ballots to be processed. Beyond this, the next twelve months are expected to progress as anticipated, with our company continuing to publish our production data four weeks after the conclusion of each quarter. All of these dates for the next year have been published in their entirety on our official website, but may be subject to change. However, our directors do not anticipate any major alterations to the timing of these events in the immediate future, and any potential modifications will be announced if deemed necessary. 

    As our 25th anniversary celebrations draw to a close, it should be considered that we will be unable to respond to any inquiries in the midst of the festive period as a result of the increased number of staff vacations during the Christmas season. Consequently, we politely request to any of those of whom that may be affected by this to contact us as soon as it is practical to do so. Otherwise, a prompt reply may not be received before the New Year holidays end, and whilst all our communication channels will be monitored in this timeframe for any urgent communications, it will not be a priority for our enterprise to resolve any correspondences submitted after 24 December 2024. Subsequently, our organization will then return to full administrative capacity on 9 January 2025, and we will address all outstanding messages within one working day. This also includes all our partners, subsidiaries and affiliates, each of whom is similarly impacted by these events. However, it must be noted that all of our other commercial activities will continue as normal throughout this time, including all aspects of our production and trading programs, which shall be entirely unaffected. Considering the information contained in this bulletin, any questions pertaining to this announcement must be directed either via email or telephone without delay. We necessitate your cooperation and understanding in relation to this pressing matter.

  • 2024 Annual Awards Ceremony Held

    Rusneftegaz marked the conclusion of our 25th anniversary year at an event on 22 November, where we acknowledged the achievements of our staff during what has been an outstanding twelve months for the company. Attendees at the dinner in Moscow included all the members of our board of directors, a number of our key stakeholders and a selection of other delegates. This was not limited to, but comprised of, various managers and senior personnel who have served us throughout the timeframe. Collectively, the entire contingent commemorated what has been a phenomenal period for our corporation, in which not only did we pass a key milestone in our corporate history, but also reported the highest revenue total from our operations. Whilst both of these are great accomplishments, perhaps the even greater accomplishment is that we are set to surpass this figure in our financial reporting next year, thus recording record turnover in consecutive years. At the end of the ceremony, our Deputy Chief Executive Officer, gave the following remarks:

    “I would like to pay tribute to all of those who have won awards this evening, they have made an invaluable contribution to the progress of Rusneftegaz over the past year and some of them have done a truly fantastic job. I would also like to pay tribute to everyone else who has also worked for us this year, so many of our staff work so hard every day to make this company a success, and we are very grateful that they are working for us and not anyone else. To be honest, it has been an amazing year for us. Not only have we celebrated our 25th anniversary, but our business itself continues to go from strength-to-strength. At the end of the day, not many companies get to mark anniversaries like this, so it is definitely a major achievement, one that we should all be proud of. We are a company that is still going strong after twenty-five years now, and I think is more than fit enough for the next twenty-five.” 

    On the night itself, the two major prizes of the evening were awarded to Anton Kirilov and Matvei Sechenov, who were named as Employee and Young Employee of the Year respectively. The former was instrumental in establishing our agrochemical trading business by producing voluminous research far beyond the expectations of his peers, while the latter became the youngest member of our workforce to oversee the monthly maintenance checks at one of our production sites in the Komi Republic. The immense contribution made these two individuals, in conjunction with the eleven other recipients of special commendations this year, are just some of the reasons why our organization has reason for optimism for the next twelve months. In addition to the aforementioned expansion of our fertilizer operations, which should come to full fruition within the next few weeks, the review into our corporate structure is also set to be finalized before our annual general meeting. If the proposed changes are approved, there will be announcements regarding any potential developments in due course. Ultimately, this could be a transformational period for our enterprise, and we remain grateful to all of our personnel who continue to work diligently for our success regardless of what may occur in the year ahead.

  • Production Data for the Third Quarter

    Rusneftegaz can announce production results for the third quarter of the year as of and for the three months ended 30 September. These were prepared in accordance with all relevant standards but have not been externally audited. The full results are available to review via the associated section of our website: 

    Oil and Gas: 

    • The total oil production during the period was 1.498.220 barrels. 
    • The average daily production of oil was 16.285 bpd (barrels per day). 
    • The peak daily production through the month was 16.592 bpd. 

    Electricity:​ 

    • The total amount of electricity produced was 2,41 TWh. 
    • At the end of the reporting period, we maintained a power generation capacity of 1.860 MW. 
    • The installed capacity utilized during the period was 58,7%. 

    The details in this article are current at the date of this report and are believed by Rusneftegaz to be accurate and true. All information is disclosed as a summary and does not purport to be entirely complete. The material published is derived from our internal operational reports, with the data that these documents are reliant upon obtained from sources believed by our management to be reliable. However, our organization cannot wholly guarantee the accuracy or completeness of such information and will not be held liable for any errors that have arisen, nor will any of our employees, directors, officers, agents, partners, subsidiaries, or affiliates.

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